MUSCAT: Dhofar International Development and Investment Company SAOG (DIDIC) reported a net profit after tax of RO 17.404 million for the six months ended June 30, 2026, in its first full half-year since completing its merger with Oman Investment and Finance Company SAOG (OIFC). Total comprehensive income attributable to shareholders reached RO 24.097 million, against […]
MUSCAT: Oman Food Capital (OFC), the food sector investment arm of Oman Investment Authority (OIA), has reported significant growth in its maiden annual report for 2025, marking the first full year following the landmark consolidation of OIA’s food-related investments under one integrated group. Established to build and manage a diversified investment portfolio across food, agriculture, […]
MUSCAT, JULY 2 Oman’s economy grew 2.58 per cent in real terms in the first quarter of 2026, but weaker performance in manufacturing and construction showed that the next phase of diversification will depend increasingly on productivity, investment depth and stronger non-oil industrial activity. The Ministry of Economy’s June 2026 Economic Performance Bulletin shows that […]
MUSCAT: Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of RO 255.54 million for the period compared to RO 225.58 million reported during the same period in 2024, an increase of 13.3 per cent. […]
